Thursday, October 19, 2017

The bhoomipujan of Dhirubhai Ambani Aerospace Park at Multimodal International Hub Airport at Nagpur (MIHAN) will be performed at the hands of Chief Minister Devendra Fadnavis, Union Minister for Road Transport and Shipping Nitin Gadkari and Reliance Group Chairman Anil Ambani on October 27 at 4 pm. The Commerce Ministry has given its approval to the project that has capacity to change the economic scenario of Vidarbha.
Reliance Aerostructure Limited has proposed to manufacture fixed wing aircraft, commercial transport aircraft and helicopter at MIHAN. The company has proposed to undertake varied nature of activities related to aerospace Industry under Make in India mission of Government of India. The defence production by the Reliance Group may change the skyline and financial situation of backward Vidarbha region.
The Reliance Group has proposed to invest Rs 6,500 in this Aerospace park. It will be a home to the Dassault-Reliance Aerospace joint venture.
The France’s Dassault Aviation and Reliance Defence will jointly execute this work. They have forged the partnership in ratio of 49:51percent. This is a 30,000 crore offset programme related to the sale of 36 Rafale Fighter Jets.
The park will also be home to the largest defence sector foreign direct investment (FDI) in the country with the manufacturing of French aircraft.
The Maharashtra Airport Development Company (MADC) is the nodal agency for developing the aerospace park.
Sources claimed that the Phase-I of the project is expected to generate more than 700 highly skilled direct jobs and 2800 indirect jobs. The aerospace park will eventually generate more than 10,000 jobs, promoting the ‘Make in India’ and ‘Skill India’ initiatives of the government. The Reliance has decided to start construction on 104 acres of land. Later this park will be spread over 289 acres land.
19/10/17 Hitavada